Capital Area Asset Building
TO CREATE OPPORTUNITIES FOR LOW- AND MODERATE-INCOME INDIVIDUALS IN THE GREATER DC REGION TO BUILD FINANCIAL SECURITY, SAVINGS, AND WEALTH FOR THE FUTURE.
Key facts about Capital Area Asset Building
- EIN
- 52-2002672
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $25,000
- Grants made (2024)
- 1
- Average grant
- $25,000
- Median grant
- $25,000
- Total assets
- $3,474,274
- Primary geography
- District of Columbia (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
How Capital Area Asset Building gives
- Giving fell 68% from 2021 to 2024. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Capital Area Asset Building
- How to evaluate Capital Area Asset Building as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
- Draft an LOI to Capital Area Asset Building with AI
AI grant writing that drafts from your organization’s own materials, in your voice.
- Track this opportunity in a free grant tracker
A free Google Sheets or Excel template for deadlines, award terms, and reports due.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$3.5M
-82.0% YoY
Annual Giving
$25K
-61.5% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$25K
-23.1% YoY
About Capital Area Asset Building
Based on IRS filings
Capital Area Asset Building is a nonprofit organization focused on Community Improvement & Capacity Building, based in Washington, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $3.5M in total assets. In 2024, it awarded 1 grant totaling $25K. Net investment income was $67K.
Focus Areas
Ready to take the next step with Capital Area Asset Building?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 1 itemized 2024 grant dollars.
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $3,474,274 | $19,254,357 | $9,210,791 |
| Revenue | $2,179,542 | $3,000,582 | $3,549,789 |
| Expenses | $3,444,356 | $3,764,655 | $2,597,779 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $66,906 | $39,978 | $2,648 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
9 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Catholic Charities ($25,000).
| Recipient | Purpose | Amount |
|---|---|---|
| CATHOLIC CHARITIES Washington, DC | DC EITC PROGRAM | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Joseph Leitmann-Santa Cruz | Executive Director Through June 2024 | 40 | $131,627 |
| Kathryn Stephens | Interim Executive Director from July 2024 | 40 | $92,500 |
| Nicole Jones | Director of Match Savings | 40 | $108,762 |
| Joseph Vaughan | President | 4 | — |
| Gail Reisman | Secretary | 4 | — |
| William Spinnell | Treasurer | 4 | — |
| Gabriel Lazarus | Director | 1 | — |
| Sheida Elmi | Director | 1 | — |
| Michelle Levister | Director | 1 | — |
| Shae Harris | Director | 1 | — |
| Paul Harris Jr | Director | 1 | — |
| Ryan Palmer | Director | 1 | — |
| Wayne Chopus | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Capital Area Asset Building?
Capital Area Asset Building is a nonprofit organization focused on Community Improvement & Capacity Building, based in Washington, DC. It holds $3.5M in total assets as of 2024.
How large is Capital Area Asset Building?
As of 2024, Capital Area Asset Building holds $3.5M in total assets with $2.2M in annual revenue. It awarded 1 grant totaling $25K in 2024.
Where does Capital Area Asset Building operate?
Capital Area Asset Building has awarded grants in District of Columbia.
What size grants does Capital Area Asset Building award?
In 2024, Capital Area Asset Building awarded 1 grant totaling $25K — an average of about $25K per grant, based on its IRS Form 990 filings.
What is Capital Area Asset Building's EIN?
Capital Area Asset Building's EIN (Employer Identification Number) is 52-2002672. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Capital Area Asset Building's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
Greater Washington Community Foundation
Washington, DC
Assets
$518.3M
Grants
1,417
Total Given
$116.9M
United Way of the National Capital Area
Vienna, VA
Assets
$48.8M
Grants
210
Total Given
$6.6M
Eqt Foundation
Canonsburg, PA
Assets
$26.2M
Grants
367
Total Given
$6.3M
Richard a & James F Corroon
Wilmington, DE
Assets
$2.0M
Grants
43
Total Given
$92K
The Deeds Foundation
New York, NY
Assets
$4.3M
Grants
41
Total Given
$426K
The Weglicki Family Foundation
Baltimore, MD
Assets
—
Grants
27
Total Given
$171K
Threshold Coc
Omaha, NE
Assets
$6.2M
Grants
14
Total Given
$3.4M
Alpern Family Foundation Inc
Huntington Station, NY
Assets
$12.1M
Grants
71
Total Given
$768K
8187770 the Eggleston Foundation
Vestal, NY
Assets
—
Grants
50
Total Given
$135K
The Meade Foundation Inc
Hammondsport, NY
Assets
$7.3M
Grants
24
Total Given
$645K
Davis Love III Foundation
St Simons Island, GA
Assets
$6.2M
Grants
61
Total Given
$865K
NCRC Community Development Fund Inc
Washington, DC
Assets
$55.6M
Grants
2,666
Total Given
$149.3M
More Funders in District of Columbia
Data last updated September 2026. Sourced from IRS Form 990-PF filings.